“I can see why the stocks are down [due to] the paranoia that’s on the street,” he says, adding the Canadian market this month, which is usually investor-friendly, has been “sold off hard and people have suffered losses.”

However, Horan notes the raid “is something you want to ignore for the most part. I don’t think there’s a lot at risk for either company.”

Why? Because he guesses the investigation will be whittled down to a few individuals, and not the corporations.